Firms X and Y are competitors. Suppose we have demand curves given by Q, = A-bP,+cP, Qy = F-gPy+ hPx. %3D What is the Firm Y diversion ratio? What is the Firm X diversion ratio?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Firms X and Y are competitors. Suppose we have demand curves given by
Q-
A – bP, + cPy
Qy = F- gPy + hPx.
What is the Firm Y diversion ratio? What is the Firm X diversion ratio?
Transcribed Image Text:Firms X and Y are competitors. Suppose we have demand curves given by Q- A – bP, + cPy Qy = F- gPy + hPx. What is the Firm Y diversion ratio? What is the Firm X diversion ratio?
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